Blockchain Technology
Cryptocurrency Losses Double in First Half of Year
🕑 3 minThe amount of cryptocurrency stolen in hacks has skyrocketed in 2024, according to TRM Labs. By June, over $1.38 billion in crypto had been pilfered, more than double the total stolen in all of 2023. This surge comes despite a…
Bitget Wallet and Foresight X Invest in Tomarket, Ushering in New Era of Decentralized Asset Trading
🕑 5 minBitget Wallet, a leading Web3 wallet and DeFi platform with over 20 million users globally, has joined forces with crypto investment firm Foresight X to invest in Tomarket, a groundbreaking decentralized trading platform. This strategic collaboration aims to unlock new…
The Impact of The Merge on Institutions
🕑 2 minFor a long time, investors saw cryptocurrencies as a hedge against inflation.As a result, crypto became a part of an asset class known as alternatives,which includes wines, art,and precious metals,among other things. However, the argument that crypto is not correlated…
State of Verification and Monitoring in the Crypto Industry 2023
🕑 < 1 minThe trend toward collaboration between regulatory bodies and crypto is further underscored by the transformative potential of Web3,where regulatory frameworks will be essential to navigate the challenges and opportunities presented by decentralized technologies.
A Case Study on CBDC Technology and Stablecoin Adoption in Palau
🕑 < 1 minIn a world grappling with economic disruptions and technological advancements,digital currencies have emerged as a significant force reshaping the financial landscape.Originally launched into mainstream awareness by decentralized cryptocurrencies such as Bitcoin,the domain of digital currencies has evolved.This white paper delves…
Cyrpto Trends in Business and beyond
🕑 2 minRipple is a crypto solutions company that transforms how the world moves, manages and tokenizes value.Ripple’s financial solutions are faster, more transparent, and more cost effective – solving inefficiencies that have long defined the status quo. And together with partners…
How to Prepare for CBDCs
🕑 < 1 minConsenSys is experienced in blockchain-based payment solutions and has partnered with the South African Reserve Bank for Project Khokha,which proved scalability and privacy on Ethereum for an RTGS interbank payment solution.We also partnered with the Monetary Authority of Singapore for…
The Complete Guide to Blockchain Business Networks
🕑 2 minBlockchain is a distinct type of Distributed Ledger Technology (DLT).DLTs involve ledgers,or databases,where the input and maintenance of data on the ledger are controlled on a peer-to-peer (P2P) basis.This P2P nature means that there is no central trusted party or…
DeFi and Web3 for Organizations
🕑 < 1 minDecentralized finance? DeFi? refers to the shift from traditional,centralized financial systems to peer-to-peer finance enabled by the Ethereum blockchain. In the past eighteen months,we’ve seen significant traction from decentralized versions of lending and borrowing platforms,prediction markets,margin trading,payments products,insurance,and more.Notable traction…
Transforming banking and financial services: the SaaS revolution
🕑 2 minThanks to digitalization and open banking, financial services and consumer behavior are very different from a generation ago. In the past, banking meant visiting a high-street branch, and high levels of human contact; now it involves interacting through digital channels.…
The Digital Evolution of Money
🕑 2 minToday, 130 countries, representing 98% of global GDP,1 are pursuing CBDC projects. Some, including the United States and South Africa, have entered exploratory phases. Many projects throughout the European Union are in development,while China has reached a pilot phase and…
Central banks and the future of digital money
🕑 2 minThe rise of cryptocurrencies and blockchain technology over the last decade has brought about new possibilities in the issuance and use of money as well as exciting new forms of digital assets and markets. At the same time a rapidly…
STELLAR FOR CBDCs
🕑 2 minIn an oft-cited statistic, a growing number of central banks around the world are exploring the possibility of central bank digital currencies (“CBDCs”).1 And the COVID pandemic has only accelerated the situation, with lawmakers and regulators even more willing to…
